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Dinari Integrates Chainlink CCIP To Power Cross-Chain Transfers of Yield-Bearing Stablecoin

Twitter icon  •  Published 2 weeks ago  •  Hassan Maishera

Chainlink announced via X on Friday that Dinari has integrated Chainlink CCIP across the Arbitrum One and Ethereum mainnets.

Chainlink announced via X on Friday that Dinari has integrated Chainlink CCIP across the Arbitrum One and Ethereum mainnets. Dinari is leveraging CCIP’s Simplified Token Transfer capabilities to facilitate cross-chain transfers of USD+, our fully backed yield-bearing stablecoin, enabling USD+ to power payments and provide collateral across the onchain economy.

Dinari issues dShares, 1:1 backed tokenized stock real-world assets (RWAs) with dividends. CCIP is backed by the Risk Management Network—a separate, independent network that continually monitors and verifies cross-chain operations for suspicious activity.

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up by 4% over the past 24 hours and is trading at $14.395 at press time.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.